From: Miles, Kendall R, WCS [kmiles@att.com]
Sent: Wednesday, March 31, 2004 3:00 AM
To: rule-comments@sec.gov
Subject: S7-19-03
I fully support allowing investor-sponsored nominees on proxy ballots for
corporate boards. This is just what we need to shake up the still far-too-cozy
relationship between corporate board officers and the executives that run the
companies. We need investor-sponsored members of these boards to break up the
often lazy, self-serving boards and replace them with active ones who will call
company executives on their mistakes, agitate for improved shareholder value,
and give the shareholders more of a say in running the companies they partly
own, instead of having to deal with an entrenched corporate board structure that
goes against the very values of transparency and good corporate governance the
SEC is supposed to work to instill in American companies.
Kendall Miles